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VicSuper expands distribution team




VicSuper has appointed an executive manager of distribution to help grow its financial planning presence.

Joshua Parisotto has been appointed to this newly created position as part of the $15 billion super fund strategy to optimising its distribution channels.

VicSuper currently delivers services to members through 17 advice centres throughout Victoria and through a phone based financial advice arm.

Parisotto will be responsible for driving growth and retention by delivering quality financial planning and workplace education services to members and boosting new employer growth; in addition to working with the broader business on developing new alliance opportunities.

He has over 15 years’ experience in the financial services industry, having recently served five years in a senior role in the financial planning arm of Bendigo and Adelaide Bank, and was previously head of adviser sales at IOOF.

The decision to strengthen distribution capabilities follows recent product development by VicSuper in the retirement incomes and technology space, with the super fund releasing two guaranteed income products and upgrading their core administration platform.

Michael Dundon, chief executive of VicSuper, said: “This new role allows us to execute on our growth strategy by optimising our distribution capabilities. We are in the reasonably unique position of providing our planning services in-house and Joshua’s experience will allow us to fully leverage our product and system innovations, to create both an efficient and first class experience for current and future members.”

Parisotto commences the new position on September 6.